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WASHINGTON, D.C. – Nearly 900 mortgage originators, housing finance experts, and government officials will join Ginnie Mae over the next two days to explore the most critical challenges still facing the housing finance industry. The two-day Summit in Washington, DC will focus on the shift to independent mortgage bankers, new business models for managing mortgage servicing rights, and the uncertain regulatory environment. “Independent mortgage bankers now comprise approximately 80 percent of Ginnie Mae’s monthly issuance volume,” said Ginnie Mae President Ted Tozer. “They are an important piece of the continued success of the housing finance industry. However, if we want borrowers to continue to have access to credit, we need to take a serious look at the liquidity challenges these institutions are facing.” The fourth annual Summit takes place as the housing finance industry explores ways to continue providing credit to borrowers despite growing capacity concerns among independent mortgage bankers and decreasing values in mortgage servicing rights. “We cannot underestimate the central role that mortgage servicing rights value play in this market,” Tozer stated. “MSR values are declining at a time when we need to borrow against them or sell them to increase liquidity.” Currently, Ginnie Mae’s outstanding unpaid principal balance exceeds $1.7 trillion dollars, an increase of more than 50 percent in approximately five years. Further, the corporation saw its highest monthly issuance guarantees in history in August with $48.4 billion dollars. Most of this increase is the result of independent mortgage bankers entering the Ginnie Mae program, helping to account for $3.1 trillion in issuance since 2009. “These complex challenges, plus a regulatory environment that makes it challenging for depository institutions to return to the mortgage market, are more evidence that Ginnie Mae must continue to effectively and efficiently monitor and evaluate risks presented by this environment,” Tozer continued. The 2016 Ginnie Mae Summit provides an opportunity for networking and collaboration between leading lenders, document custodians, D.C.-based policy makers, members of Congress and staff, federal agencies, real estate trade groups and industry analysts. Educational sessions will also provide in-depth examination of Ginnie Mae’s business and programs from a variety of perspectives. About Ginnie Mae Ginnie Mae is a wholly-owned government corporation within the U.S. Department of Housing and Urban Development. Ginnie Mae pioneered the MBS, guaranteeing the very first security in 1970 and raises capital from investors in the global credit markets to ensure liquidity for affordable rental and homeownership opportunities across the country. Through its MBS, Ginnie Mae finances housing mortgage insurance programs run by the Federal Housing Administration (FHA), the Department of Veterans Affairs (VA), the Office of Public and Indian Housing (PIH), and the Department of Agriculture’s Rural Housing Service. Ginnie Mae securities carry the full faith and credit of the United States Government. Contact: Gina Screen (202) 475-7816
The Ginnie Mae Factor A GI and GII files are Factor files with preliminary data and are subject to final data corrections, based on reporting by Ginnie Mae Issuers. The Factor A files values are not final for the month and at the time they are released, Ginnie Mae’s window for data corrections is still open. This month’s Factor A GII file ( has incomplete records for some Multi Issuer Pools. Based on the final Security RPB reporting from Issuers, Ginnie Mae will publish complete and updated final Factor Files (“Factor B File”) of Ginnie Mae I and Ginnie Mae II pools on the 6th Business Day of the month. The Ginnie Mae Factor B GI and Factor B GII files will be posted on the Disclosure Data Download page on the scheduled 6th Business Day, 8:00 PM . For questions related to this bulletin, please send an email to
Ginnie Mae’s REMIC Trust number, 2016-109, contains a total of 43 Trust Asset Groups (or Subgroups) for its “Ginnie Mae I” Trust Asset Type. The valid Subgroups within Security Group 10 range from 10A through 10QQ. These subgroups are for the description of the “IO” and therefore are informational and do not have CUSIPs. Note that because of the large number of subgroups, the subgroup identifiers require 4 positions: e.g. 10AA, 10BB, etc. Subgroups customarily have been 3 positions but for this REMIC deal subgroups have been expanded to 4 positions. Users to should examine their systems to ensure processing of 4 position subgroups, as applicable. For questions related to this bulletin, please send an email to
Beginning on September 7th (the 4th Business day of the month) at 7:30 PM, Ginnie Mae will begin publishing a new HMBS Supplemental file (named “HSuppl_YYYYMM.txt”) on the Disclosure Data Download page. The purpose of this file is to provide data for current-period values for the Security Interest Rate for active, HMBS Fixed Rate “RF” Pool Type pools. The file will be provided in the Other section on the Disclosure Data Download page. The HMBS Supplemental file layout and sample file are attached for reference. Background: Field 9, the “Pool Interest Rate”, on the Factor II files ( and currently provides the original interest rate and not the current-period interest rate for HMBS “RF” Pool Types. A future enhancement to the G2 Factor files will correct the “Pool Interest Rate” (field 9) for HMBS “RF” Pool Types; until then, the “HSuppl_YYYYMM.txt” file will provide the interest rate as of the Report Period. Note that there is no change to the Factor files related to this bulletin and that this bulletin only relates to HMBS “RF” Pool Types. For questions related to this bulletin, please send an email to
Regarding June Report Period 2016 ARM Pool Prospective Interest Rates (Factor II files only):
​​Ginnie Mae’s June Report Period 2016 Factor B II file (published on the Disclosure Data Download page on July 11) did not contain the Prospective Interest Rates for ARM pools adjusting in July 2016.  The June Factor B II file will not be replaced.  For users that require the new rates for ARM Pools adjusting effective July 1, please use the Factor A II file published on the 4th Business Day of August (published August 4).
Investors are able to obtain the missing June Prospective Interest Rates (field 16 of the Factor II file) from the July Report Period Factor A II file, Pool Interest Rate (field 9 of the Factor II file).  The July Factor A II file was posted August 4th, with the correct adjustment information and correct rates to be effective for July 1 with payment adjustment 8/20/2016.
For questions related to this bulletin, please send an email to
Ginnie Mae is providing additional downloadable files on the Disclosure Data Search page when a user searches by a Platinum Pool ID or Platinum CUSIP. Platinum Collateral and Prospectus Files will be available for download at the bottom of the search results in a section labeled “Platinum Collateral and Prospectus Files”. (Example: When searching Pool ID 780001, the related Platinum Collateral and Prospectus Files display for download). For questions related to this bulletin, please send an email to
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Our Mission
Our mission is to bring global capital into the housing finance system - a system that runs through the core of our Nation's economy - while minimizing risk to the taxpayer.
For more than 40 years, Ginnie Mae has provided l​i​quidity and stability, serving as the principal financing arm for government loans and ensuring that mortgage lenders have the necessary funds to provide loans to customers.
A Message from the President

Ginnie Mae has been a cornerstone of the U.S. housing finance system since it was created more than 40 years ago. By guaranteeing that investors of our MBS will be paid on a timely basis, Ginnie Mae attracts private capital to the U.S. housing market and facilitates government-insured financing without imposing undue risk on the taxpayer. We have consistently delivered liquidity to the housing finance system during periods of economic stress, and remain a strong supplier of capital that finances affordable single-family and rental housing....more